| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 13 SHS. DELTEC FORUM FUND | AT COST | 1,475,330 | 3,845,476 |
| 57,168.034 VANGUARD SHORT-TERM BOND INDEX FUND | AT COST | 219,968 | 228,146 |
| 14528.124 SHS ARTISAN DEVELOPING WORLD FUND | AT COST | 315,455 | 399,523 |
| 21144.206 SHS VANGUARD INTERNATIONAL GROWTH FUND | AT COST | 300,025 | 286,246 |
| 9030.248 SHS WASATCH ULTRA GROWTH FUND | AT COST | 373,080 | 475,172 |